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February 6, 2024
The union oil building in Santa Paula. (courtesy photo) By Atmika Iyer Special to the Business Times Following Chevron’s donation of the 133-year-old former headquarters of Union Oil Company and $2 million for infrastructure maintenance to the City of Santa Paula, the city has opened requests for proposals to determine how the historic location will
February 6, 2024
Workzones in Santa Barbara, one of the four coworking spaces that have formed the 805 CoWorking Collective. (courtesy photo) Four coworking spaces in the Tri-County region have banded together as the 805 CoWorking Collective, which is aimed at locals who need to travel along the Central Coast for their work. The enterprise launched the week
February 6, 2024
By Staff Report U.S. Senators Alex Padilla, D-CA, and Laphonza Butler, D-CA, announced $601.4 million in federal funding to help address homelessness in California on Jan. 29. Of the $600-plus million, more than $8 million has been earmarked to go to the Central Coast. Santa Barbara County will receive $2.9 million; Ventura County will receive
February 6, 2024
Goleta-based AppFolio saw its shares hit an all-time high price of $236 on Jan. 29, a few days after the company disclosed fourth-quarter results that healthily beat analysts expectations. AppFolio, a software company for the real estate industry, saw revenue grow 39% year-over-year to $171.8 million for the quarter ended Dec. 31 while total united
January 30, 2024
DignityMoves’s Santa Barbara Capital Campaign has been awarded a $100,000 grant from the James M. Cox Foundation, the nonprofit announced on Jan. 22. Cox’s foundation is the charitable arm of Cox Enterprises, parent company of Cox Communications, and named after the company’s founder. The funds will support a housing community called La Posada Village with
January 30, 2024
Through his foundation, Barry Cappello, managing partner of Santa Barbara’s Cappello & Noël LLP, has donated more than $3 million to his alma mater, UCLA School of Law. The funds have been earmarked to modernize the school’s courtroom where students can learn and practice their trial skills, and to build its trial advocacy program, both
January 30, 2024
When Ventura County got slammed with a series of rogue waves earlier this winter, the Port of Hueneme took some of the most damaging hits. The Dec. 29 wave event was chronicled on national television as homeowners and tourists scurried to safety. But away from the TV cameras, the Port’s on-shore power system, a flagship
January 30, 2024
As part of its commitment to supporting economic opportunity in local communities, Bank of America has invested nearly $1.8 million across the Central Coast in 2023, through philanthropic grants and sponsorships to the region’s nonprofit. In San Luis Obispo, BoA provided philanthropic support to Cuesta College’s University Bound Program, which helps increase equity in college
January 30, 2024
When it comes to thinking big about the economic future of the Central Coast, a Jan. 17 program at the Ritz Carlton Bacara was about as big as it gets. The inaugural conference put together by REACH, the economic vitality group that works in San Luis Obispo County and north Santa Barbara County, was throwing
January 29, 2024
The storms that hit the Central Coast in late December left more than just water behind in its wake. The Port of Hueneme sustained more than $30 million in damages and substantial setbacks following severe damage to its Shoreside Power System during an unprecedented rain event on Dec. 21 and 22. Luckily, help is on the